A personal loan of more than 2000 us dollars in 24 hours? It seems impossible, right? Surely you associate the idea of requesting a loan to traditional banks, the paperwork, the waiting time and the repetitive calls to find out if they will finally be able to grant you credit or not. Technology advances and financing also. Loanfiesta loans (4Finance entity ) are a clear example of modern financing, fast and without waiting.
When microcredits are not enough to cover an imponderable, Loanfiesta is the solution . A small reform at home, that computer that doesn't quite work, a trip to disconnect from the world, the unexpected repair of your car ... Breathe and discover all the information, advantages and disadvantages about Zaplos credits.
Quick credits of up to € 2,500 to be returned in 24 months and without leaving your home. All procedures are online. Ready to discover the new personal loans?
It is normal for you to wonder who or who is behind Zaplos. It is not the same to ask for loans from a bank with history and recognition than from an entity that you have never heard of. Let's do the introductions.
Loanfiesta belongs to the 4Finance group, the same credit institution that is behind Paydaynow and SMSCredit . This financial group has been in operation since 2008 and has established itself in more than 15 countries as one of the strongest and most solid groups in consumer loans. In 2012 he opened an office in the United States and a year later in the United Kingdom.
This company is associated with the AEMIP (Spanish Association of Microloans) which is responsible for ensuring the rights of consumers in these types of financial sectors.
As you can see, we are not talking about just any lender, behind Zaplos there is a great firm that has a very good reputation in the financial world.
Now that you know the brand, let's go on to assess its online loan offer.
Loanfiesta personal loans
With Loanfiesta credits you will not have to change banks or invest hours in the processing. You only need a computer, WIFI connection and five minutes of your time. These are the steps to apply for credit:
- Enter the website https://www.zaplo.es/ and check with your loan calculator the money you want to request and the term in which you want to make the return.
- The next step is to fill in their application form where they will ask you for personal information and, if it is your first time, a photocopy of your Identity Document or NIE.
- If your loan is approved, as a general rule you will have the money in your bank in 2 hours. However, depending on the entity with which you operate the payment can be delayed up to 48 hours maximum.
Three simple steps to get the money you need without leaving your home. The new online loans are that fast, safe and without small letters.
APR, TIN and interest on Loanfiesta credits How much do I have to pay in commissions?
First of all, it is important that you know the differences between interest and commissions. Interest is subject to the APR (equivalent annual rate) and the TIN (nominal interest rate). As advice, it is better that when requesting a personal loan you pay more attention to the APR, since it gives a more real information about the total cost of the operation.
The annual rate of Loanfiesta credits, depending on the amount and the time of return of the money, is usually over 116%.
The best way to see the final cost of credit is by giving an example. Thus, you will clearly see how much money you will have to pay monthly for a loan of € 1000 to be repaid in one or two years.
- If you ask for a loan in Loanfiesta of 1000 us dollars to be repaid in 12 months , you will have to pay a monthly fee of € 125.00. After one year you will have paid a total of € 1,482.00. Therefore, the interest is equal to € 482.00.
- If you request a credit of 1000 us dollars and decide to return it in 24 months, the monthly fee will be € 83.00 and at the end of the two years you will have paid € 2,024.88. Being the interests of € 1,024.00.
What do you see much clearer now? Anyway, if you want to try different amounts and periods of time, you can try the Loanfiesta credit simulator , so you can ask yourself what amount of money and terms are best suited to your situation.
Regarding Loanfiesta commissions, you are in luck as it does not apply any type of commission for study, opening or early repayment. Nor will you have to contract any type of associated product such as insurance, policies or the like. Here's a breakdown of all commissions and their percentages:
- Study and opening commission: 0%
- Commission for partial amortization. 0%
- Total loan repayment: 0.5%
- Commission for monthly installment deferral: 20%
It is very important that before requesting a personal loan, either in Loanfiesta or in any other lending company, you study the commissions and interest very well. As you will see, this entity offers good conditions as long as you can meet the monthly fees. Therefore, before requesting a loan, ask yourself the following question, Will I be able to meet the monthly payments without missing any month?
Does Loanfiesta grant credit with Credit Checker?
Financial entities that lend money analyze the profiles of applicants. A fundamental requirement is usually not belonging to a Credit Checker or delinquency list. However, if the debt for which you appear in Credit Checker is not related to personal loans or credit cards and is not a large amount, you can enjoy Loanfiesta credits . To do this, you will have to make the request and wait for their confirmation response.
What requirements must be met to request a personal loan in Loanfiesta? H2
To request your money online with Loanfiesta you do not have to give any kind of explanation. You use the money for the purpose you want, you do not need to justify the purpose of using your loan. Of course, you will have to meet a series of basic requirements to be able to obtain your credit in 24 hours.
- Age: Between 25 and 70 years
- Residence: You must reside in the United States and have valid supporting documentation (DNI / NIE)
- Bank Account: You must be the owner of a bank account in any entity.
- Personal mobile phone: For communications and contact you must have an active mobile phone line.
When they study your online credit application, they will also ask you for proof of your monthly income. It does not matter that you do not have a payroll, they also grant loans to freelancers. The important thing is that you have recurring monthly income. This will be enough guarantee for them to value the grant of your money.
One of the least positive opinions about the Loanfiesta lies in the time waited for the money to enter. As they indicate, the money can be in your account in 2 hours, but this is always subject to the bank you work with. As an advice, and to avoid surprises, we recommend that you check with Loanfiesta the banks they work with to ensure the waiting time.
According to Truspilot and based on 300 customer reviews, Loanfiesta's score is 9.2 out of 10 .
In summary, users rate positively:
- The speed in granting personal loans . Responses in less than 24 hours, almost instantaneous to know if the loan is effective or not.
- Transparency . Another value that stands out is the transparency regarding the payment of commissions and interests. Loanfiesta shows from the first moment the amount to be paid month by month and the total interest depending on the term chosen for the return of the money.
Other online personal loans H2
You can make a comparison with other entities that also offer fast loans online. If you have not yet decided whether to stay with Loanfiesta, check other loans and compare before choosing. Here you have different options:
- Bigbank : They grant credits up to 10,000 us dollars.
- Cofidis : Maximum loans of up to 1,500 us dollars.
- UsBank : Up to 60,000 us dollars
- Oakparkfinancial : Quick credits for a maximum amount of 30,000 us dollars
- Fundingcircle : Business loans worth 250,000 us dollars
- Negotiating Agency : Unify your debts and obtain credit.
- Enjoying by Gedesco : Personal loan with car as collateral.
- Go Car : Credits of up to € 15,000 using your car as collateral.
You also have credit cards that offer you liquidity of up to € 5,000 . In case you need money for an amount less than a personal loan, you may also be interested in knowing which are the best current credit cards (internal link with anchor the best credit cards to the credit cards page)
Whatever you decide, remember to know any loan thoroughly before requesting it and not to go into debt with excessive amounts that require a great effort to pay. We put all the updated information at your fingertips. It's up to you.
Summary: You need money quickly to make what you want or need come true. Loanfiesta allows you to request an online personal loan of up to € 2,500 (€ 800.00 for new clients) to be repaid within a maximum period of 2 years. No commissions, paperwork or waiting days.